A new refrigerator falls into which of the following classifications of goods?
A) Specialty products
B) Accessory equipment
C) Shopping products
D) Convenience products

Question

Quizplus · Accepted Answer

A new refrigerator is typically considered a shopping product, as it is a higher-priced item that consumers usually research and compare before making a purchase. Specialty products are those that are unique or difficult to find, accessory equipment is additional items that enhance a main product, and convenience products are low-priced items that consumers buy frequently without much thought or comparison.

A New Refrigerator Falls into Which of the Following Classifications